Vacant lotWaterfront

939 Eve St

Tropic IsleDelray Beach10,171 sq ft lot (0.23 acres)Zoned R-1-AA-B
939 Eve St in 2026939 Eve St in 20172017 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in 2017 with 2026. The pink line is the surveyed parcel boundary.

What it’s worth as land

From recorded sales
$1.98–2.12MMiddle half of nearby land sales, adjusted for lot size (12 sales), applied to this lot’s 10,171 sq ft.
Land price per sq ft, sized to this lot
$0$166$333

Sized to this lot, nearby waterfront land sales point to about $201 per sq ft. This parcel last sold for $1.88M in Apr 2024 ($184 per sq ft, the pink dot).

Does it pencil?

Build-and-sell pro forma
Supports a land price up to$1.63Mto build and sell a 5,550 sq ft home here at a 15% margin.
TightAt $1.88M for the land:Profit $687K · 10.7%Needs $1,224/sq ft to hit 15% · assumed $1,160
Land $1.88MBuild $2.75MSoft costs $275KCarry $468KSelling $386KProfit $687KSale $6.44M
Delray Beach calibration

Calibrated on 83 Delray Beach deals. With these build costs the calculator's land budget is a median 98% of what the builders actually paid for the lot, and within 25% of it on 47 of the 83 (the old defaults came to 85%).

A quick pro forma, not an appraisal. Every number is editable; the starting points come from city records, and build cost is an assumption to replace with a builder’s bid.

The rules

City GIS and parcel roll
Zoning
R-1-AA-B Single Family Residential
Flood zone
AE base flood elevation 7–8 ft
Lowest floor
9 ft+ BFE + 1 ft minimum under the Florida Building Code; confirm with the city
Waterfront
Yes dock, seawall and setback rules apply
Lot size
10,171 sf 0.23 acres
Ownership
Company often a builder or investor

Setbacks, height and lot coverage depend on the zoning district; see Delray Beach’s Land Development Regulations (Chapter 4, Zoning). Confirm with a surveyor and the city before you buy.

Nearby land sales

Waterfront · last 5 years
AddressSoldPriceLot$/sq ftAway
951 Tropic Blvd
Bought for a new home · Askari Estate Homes
Feb 2023$1.9M9,718 sf$196115 m
955 Bolender Dr
Bought for a new home
Jul 2022$2.05M9,718 sf$211224 m
921 Bolender Dr
Bought for a new home · Optimum Development & Construction
Dec 2021$1.8M9,718 sf$185249 m
942 Bolender Dr
Bought for a new home · Formative Builders
Dec 2024$2.05M10,206 sf$201262 m
910 Bolender Dr
Bought for a new home · Beachfront Builders
Mar 2025$1.5M12,828 sf$117318 m
942 Allamanda Dr
Bought for a new home · Beachfront Builders
Dec 2023$4M10,459 sf$382364 m
948 Banyan Dr
Bought for a new home · Intercustom Builders
Apr 2024$1.96M9,718 sf$202471 m
1004 Rhodes Villa Ave
Bought for a new home · SDGC
Oct 2025$4.65M12,362 sf$376511 m